US Business

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Pete Distad will oversee a company that would pool live-sports programming from ESPN, Fox and Warner Bros. Discovery.

India is slashing import duties on certain electric vehicles for manufacturers who invest at least $500 million to produce their cars in the country.

Investors had said Apple concealed falling demand for the iPhone in China in 2018.

McDonald’s restaurants across the globe grappled with technology problems Friday that left some operators unable to open and close stores, take credit card payments or receive orders from apps and kiosks.

Chief Executive Stephen Scherr would step down on March 31 to be succeeded by Gil West, a former executive at Delta Airlines and General Motors’ Cruise unit, effective April 1, the company said.

Boeing advised airlines to check the cockpit seats on 787 Dreamliner jets after a seat mishap likely pushed a pilot into the controls, causing a terrifying plunge on a flight to New Zealand this week.

The streaming giant is discussing removing the “freedom and responsibility” section of its corporate-culture memo, among other changes.

Estée Lauder is making slow progress turning around its China business, making what used to be one of its biggest appeals the main source of concern for analysts.

The rocket is central to Elon Musk’s plans for Mars, but the company must demonstrate it can work for NASA and other customers.